Lahontan Gold Corp. Accelerates Warrant Expiry Following Strong Share Performance

Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) has announced the acceleration of expiry for common share purchase warrants originally issued on April 30, 2025, as part of a non-brokered private placement. This decision follows the company's shares trading at or above a volume-weighted average price (VWAP) of C$0.12 for ten consecutive trading days ending September 4, 2025. Warrant holders must now exercise their options by 5 p.m. Toronto time on October 21, 2025, or face expiration. The exercise process requires submission of the warrant certificate, exercise form, and payment to Irwin Lowy LLP in Toronto.

The acceleration of warrant expiry represents a strategic financial move that could potentially inject additional capital into Lahontan Gold Corp., supporting its ongoing development and exploration activities. This development is particularly significant given the company's substantial mineral resources in mining-friendly Nevada. Lahontan holds four top-tier gold and silver exploration properties in the Walker Lane region, with its flagship Santa Fe Mine project boasting a notable history of past production and substantial current resources.

According to the company's technical disclosures, the Santa Fe Mine project contains a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 gold equivalent ounces and an Inferred Mineral Resource of 411,000 gold equivalent ounces. These resources are pit-constrained and represent significant value potential for the company and its investors. The technical content has been reviewed and approved by Michael Lindholm, CPG, an Independent Consulting Geologist and Qualified Person as defined in National Instrument 43-101.

The implications of this warrant acceleration extend beyond immediate financial considerations. Successful warrant exercises could provide Lahontan with additional capital to advance its Santa Fe Mine project toward production, update its Preliminary Economic Assessment, and conduct drill testing at its satellite West Santa Fe project during 2025. For more detailed technical information, investors can refer to the Preliminary Economic Assessment, NI 43-101 Technical Report, Santa Fe Project available on the company's website and SEDAR+.

This development occurs within the broader context of the global mining sector, where efficient capital management and strategic financial decisions are crucial for project advancement. The warrant acceleration mechanism demonstrates how mining companies can leverage favorable market conditions to strengthen their financial position. For investors and industry observers, this move signals confidence in the company's prospects and may influence trading activity in both the warrants and underlying shares as the October deadline approaches.